DA Davidson Issues Pessimistic Forecast for Campbell Soup (NASDAQ:CPB) Stock Price

Campbell Soup (NASDAQ:CPB) had its price target lowered by stock analysts at DA Davidson from $46.00 to $39.00 in a report released on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. DA Davidson’s price objective points to a potential downside of 4.23% from the stock’s previous close. DA Davidson also issued estimates for Campbell Soup’s Q3 2025 earnings at $0.70 EPS, FY2025 earnings at $3.00 EPS and FY2026 earnings at $3.14 EPS.

A number of other equities analysts also recently weighed in on CPB. Jefferies Financial Group dropped their target price on shares of Campbell Soup from $42.00 to $40.00 and set a “hold” rating for the company in a research note on Wednesday, March 5th. Stephens reaffirmed an “overweight” rating on shares of Campbell Soup in a research report on Wednesday, December 4th. Royal Bank of Canada cut their price target on shares of Campbell Soup from $51.00 to $44.00 and set a “sector perform” rating on the stock in a research report on Thursday, March 6th. Bank of America cut their price target on shares of Campbell Soup from $45.00 to $41.00 and set an “underperform” rating for the company in a research note on Thursday, March 6th. Finally, Barclays reduced their price objective on shares of Campbell Soup from $49.00 to $46.00 and set an “underweight” rating for the company in a research report on Friday, December 6th. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $45.50.

Campbell Soup Price Performance

CPB stock traded down $1.32 during trading hours on Tuesday, hitting $40.72. 1,239,107 shares of the stock traded hands, compared to its average volume of 2,571,982. The company has a market cap of $12.14 billion, a P/E ratio of 22.26, a P/E/G ratio of 2.71 and a beta of 0.15. The company has a current ratio of 0.91, a quick ratio of 0.50 and a debt-to-equity ratio of 1.74. The stock has a 50-day simple moving average of $39.40 and a 200 day simple moving average of $44.16. Campbell Soup has a one year low of $36.92 and a one year high of $52.81.

Campbell Soup (NASDAQ:CPB) last issued its quarterly earnings data on Wednesday, March 5th. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.01. The firm had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.74 billion. Campbell Soup had a net margin of 5.57% and a return on equity of 23.79%. The company’s revenue was up 9.3% on a year-over-year basis. Equities analysts forecast that Campbell Soup will post 3.15 earnings per share for the current year.

Insider Activity

In other news, EVP Anthony Sanzio sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $41.90, for a total transaction of $83,800.00. Following the transaction, the executive vice president now owns 16,551 shares of the company’s stock, valued at approximately $693,486.90. The trade was a 10.78 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 20.19% of the company’s stock.

Institutional Investors Weigh In On Campbell Soup

Several hedge funds have recently modified their holdings of CPB. Franklin Resources Inc. increased its holdings in Campbell Soup by 1,593.8% in the 3rd quarter. Franklin Resources Inc. now owns 1,904,440 shares of the company’s stock worth $91,623,000 after buying an additional 1,792,005 shares during the period. Two Sigma Advisers LP grew its stake in Campbell Soup by 272.7% during the 4th quarter. Two Sigma Advisers LP now owns 2,243,300 shares of the company’s stock valued at $93,949,000 after acquiring an additional 1,641,400 shares in the last quarter. Man Group plc increased its stake in shares of Campbell Soup by 1,296.1% in the 4th quarter. Man Group plc now owns 1,407,161 shares of the company’s stock worth $58,932,000 after acquiring an additional 1,306,372 shares during the last quarter. Invesco Ltd. grew its stake in shares of Campbell Soup by 38.2% in the 4th quarter. Invesco Ltd. now owns 4,645,548 shares of the company’s stock valued at $194,556,000 after buying an additional 1,282,957 shares during the period. Finally, Norges Bank purchased a new stake in Campbell Soup in the fourth quarter valued at $50,908,000. Hedge funds and other institutional investors own 52.35% of the company’s stock.

About Campbell Soup

Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.